Naidu lays foundation stone for AP MedTech zone in Vizag

AMTZ, the 270-acre exclusive manufacturing zone is the result of MoU signed between the state government and AiMeD with a view to promote manufacturing of hi-tech and high-end medical devices within the country.ETHealthWorld | Updated: August 20, 2016, 09:02 IST

AMTZ, the 270-acre exclusive manufacturing zone is the result of MoU signed between the state government and AiMeD with a view to promote manufacturing of hi-tech and high-end medical devices within the country. It aims to encourage domestic manufacturing, reduce India’s humungous import dependency in medical devices, generate quality employment and bring down overall healthcare cost for average citizen. The exclusive tech zone will have the state-of-the-art and the best global facilities for R&D, manufacturing, testing, export & regulatory facilitations and logistics.

“ We will reduce the cost of healthcare with local production of Medical Devices , we will create common infrastructure for you - the local Industry of world class and assure you of all clearances within 15 days ...." said Mr Chandarababu Naidu

"The AMTZ project will be a game changer for India in the field of Healthcare and is very Good News ! This has global consequences, from being Pharmacy of the World to being the Medical Devices Manufacturing Hub of the World "said WHO India Representative Mr Henk Bekedam

“Medical device manufacturing could be the next big thing for Indian economy after the IT revolution. This facility is not only a big milestone for the country which will catapult India into the league of top medical equipment producing countries in the world but also help bring down overall healthcare cost while ensuring tremendous saving in terms of foreign exchange,” said Mr Rajiv Nath, Forum Coordinator, AiMeD.

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